China’s securities regulator ordered Futu Holdings and UP Fintech Holdings Ltd, which operates Tiger Brokers, to rectify their “illegal operations” and stop providing new onshore investors access to global equities.
China’s President Xi Jinping said that the road to peace talks on Ukraine would not be smooth and China would continue to uphold its “objective and fair stance” on the issue, during a video call with Russian President Vladimir Putin, according to China’s broadcaster CCTV.
Chinese electric vehicle maker Li Auto’s total car deliveries in December are expected to jump above 20,000 units, said Liu Jie, vice president for sales, …
Russian President Vladimir Putin said that Russia had become one of China’s leading suppliers of oil and gas, with 13.8 billion cubic metres of gas shipped to China via the Power of Siberia pipeline in the first 11 months of 2022.
British oil and gas company Shell’s Chinese arm bought 80% stake in BYD’s unit that operates electric vehicle charging stations.
The People’s Bank of China injects 183 billion yuan of liquidity to the banking system via 7-day reverse repo on Friday, while 2 billion yuan …
China will no longer require inbound travelers to take COVID-19 testing on arrival, taking effect from January 8, said the General Administration of Customs (GAC) on Wednesday.Â
The Covid outbreaks in the capital of Beijing has peaked, the first Chinese city to reach this point since the country dropped its zero-Covid policy.
China’s online game regulator granted publishing licenses to 84 domestic games for the month of December, according to a list released by the National Press and Publication Administration on Wednesday.
China’s Covid outbreaks are likely to cause its electric vehicle industry to lose 600,000 units of sales in the first quarter of next year amid disrupted production and lowered demand.
China’s annual coal consumption is expected to reach a peak of 4.08 billion tonnes in 2024, accounting for 50% of the country’s total primary energy mix, according to a report released by a research institute of China’s energy giant Sinopec Group.
Chinese automakers are sliding in Hong Kong, with NIO slumping nearly 10% as of 10 am local time, Xpeng Motors down more than 7%, Li Auto falling nearly 6%, Great Wall Motors down 2.2%.
Russia will only buy yuan to replenish the National Wealth Fund instead of other currencies, said Finance Minister Anton Siluanov on Tuesday.
NIO has lowered its guidance for fourth-quarter deliveries citing challenges caused by the Covid outbreak. The carmaker now expects to deliver 38,500 to 39,500 vehicles …
China’s hi-tech manufacturing hub of Dongguan has removed home purchase restrictions across the entire city, joining several tier-2 cities in easing curbs to boost the struggling housing market.
An index tracking mainland-listed real estate developers, compiled by Wind Information, is trading more than 1% higher. Property developers based in Guangdong province are outperforming, with Shenzhen Zhenye surging by the daily limit of 10% and Shenzhen Special Economic Zone Real Estate and Properties up more than 7%.
China will scrape quarantine requirement for inbound travellers starting on January 8, the National Health Commission said in a statement late on Monday. Overseas travelers …
A draft law on financial stability was submitted to the ongoing 38th session of the Standing Committee of the National People’s Congress, China’s top legislature, for deliberation on Tuesday, according to the official Xinhua News Agency.
China should accelerate efforts to achieve self-reliance in agricultural technology and focus on seed development and core equipment, President Xi Jinping said, the official Xinhua …
East China’s Zhejiang province, a major economic powerhouse neighbouring the financial hub of Shanghai, is currently seeing more than one million new daily COVID-19 cases, …
China’s military said it had conducted “strike drills” in the sea and airspace around Taiwan on Sunday in response to provocation from the island and …
China and Switzerland have achieved mutual recognition of the equivalence of auditing standards and audit oversight system, the Chinese finance ministry said Friday.
China’s retail sales of passenger vehicles are expected to reach 2.2 million units in December, rising 4.5% from a year earlier and up 33.3% from the previous month.
China’s Jiangxi province is expected to see a peak of Covid infections in early January next year, while most regions in Anhui are expected to see Covid-19 outbreaks hit a peak by the end of this month, said local authorities.
The number of domestic trips during the three-day New Year’s Day holiday is expected to jump 34% on year, according to China’s largest online travel agency Trip.com.Â
The People’s Bank of China (PBOC) injects 2 billion yuan liquidity to the banking system via 7-day reverse repo and 203 billion yuan liquidity via …
Chinese local governments are taking steps to address drug shortages, while pharmaceutical companies were working extra-time to boost supplies, according to state media.
Chinese distressed asset management companies (AMCs) have been accelerating the work to resolve the risks in the real estate sector since the start of this …
Chinese tech giant Tencent will step up its efforts in cost reduction and efficiency enhancement, said chairman Pony Ma at an internal staff meeting last Thursday, according to mainland news outlet Jiemian News.
Koolearn Technology, the online education and e-commerce unit of New Oriental Education, surged by more than 8% to hit a new record high of HK$54.7 before closing 7.35% at HK$54.05.
